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Handelsbanken VS Triodos Bank: Business Banking Review & Fee Comparison


By: Ian Wright | Last Updated: May 22, 2025

Is Handelsbanken or Triodos Bank better for your small business?



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Below we look at both Handelsbanken and Triodos Bank reviews on Trustpilot along with their App reviews from Apple and Google.

We then look at typical fees, business savings rates, foreign currency options and a whole bunch of other account features to help you make up your mind.

Handelsbanken Homepage
Handelsbanken Homepage


Triodos Bank Homepage
Triodos Bank Homepage
 

Handelsbanken vs Triodos Bank Trustpilot Reviews

HandelsbankenTriodos Bank
Trustpilot Review Score (out of 5)2.34.1
Percent 5-Star Reviews33%58%
Percent 1- Star Reviews55%22%
Total Number of Reviews124514
Sources:
https://www.trustpilot.com/review/handelsbanken.co.uk
https://www.trustpilot.com/review/triodos.co.uk

Handelsbanken vs Triodos Bank App Reviews

HandelsbankenTriodos Bank
iPhone Review Score (out of 5)2.64.6
Number of iPhone Reviews171,700
Android Review Score (out of 5)1.64.6
Number of Android Reviews6851
Sources:
https://apps.apple.com/gb/app/handelsbanken-uk-corporate/id1122527533
https://apps.apple.com/gb/app/triodos-bank-uk/id1238649529

Handelsbanken vs Triodos Bank Account Fees & Charges

HandelsbankenTriodos Bank
Free Business Bank AccountNoNo
Free Business Account Term LengthNANA
Cheapest Monthly Account Fee£5£3
Most Expensive Monthly Account Fee£20£3
Electronic Payment Cost (in/out)FreeNo
Cash Payments Cost (in/out)30pFree / £1
Cheques (in/out)£1.50£1
CHAPS Payments Cost£15£20
SEPA Payments Cost25pNo

Handelsbanken vs Triodos Bank Business Savings Rates

HandelsbankenTriodos Bank
Types of Business Savings AccountsInstant Access, Fixed Term, Notice SavingsNone
Lowest Savings Rate (AER)NoNA
Maximum Savings Rate (AER)NoNA
Minimum Savings Amount£5,000NA
Interest Paid On Foreign CurrenciesYesYes
 

Handelsbanken vs Triodos Bank Account Opening Times

HandelsbankenTriodos Bank
Can You Apply Online?YesYes
How Long Does Opening An
Account Typically Take?
7 Working days1 to 2 Working days
Do They Check Your Credit?NoYes
Current Account Switch ServiceYesYes

Handelsbanken vs Triodos Bank Features & Account Types

Handelsbanken Account Types
Handelsbanken Features & Account Types


Triodos Bank Account Types
Triodos Bank Features & Account Types


HandelsbankenTriodos Bank
Business Current AccountYesYes
Business Savings AccountYesYes
Business Credit CardYesNo
Business OverdraftYesYes
Accounts For StartupsNoNo
Accounts For CharitiesNoNo
Accounts For Sole TradersYesYes
Joint Business Accounts AvailableYesYes
Card TypeMastercardMastercard
Online BankingYesYes
Mobile BankingYesYes
In Person/Branch BankingYesNo
Branch LocationsUK-wideBristol, London and Edinburgh

Handelsbanken vs Triodos Bank Customer Support Options

HandelsbankenTriodos Bank
Phone Support AvailableYesYes
Email Support AvailableYesYes
App Based Support YesYes
Web Based SupportYesYes
In person Customer SupportYesNo

Handelsbanken vs Triodos Bank Foreign Currency Accounts

HandelsbankenTriodos Bank
US Dollar (USD) Bank AccountsYesNo
Euro (EUR) Bank AccountsYesYes
Other Currencies Available:
  • Australian Dollar (AUD)
  • Canadian Dollar (CAD)
  • Swiss Franc (CHF)
  • Danish Krone (DKK)
  • Norwegian Krone (NOK)
  • Swedish Krona (SEK)
  • New Zealand Dollar (NZD)
  • Japanese Yen (JPY)
  • Australian Dollar (AUD)
  • Bulgarian Lev (BGN)
  • Canadian Dollar (CAD)
  • Swiss Franc (CHF)
  • Chinese Renminbi Yuan (CNY)
  • Czech Koruna (CZK)
  • Danish Krone (DKK)
  • Euro (EUR)
  • Hong Kong Dollar (HKD)
  • Croatian Kuna (HRK)
  • Hungarian Forint (HUF)
  • Indian Rupee (INR)
  • New Israeli Sheqel (ILS)
  • Japanese Yen (JPY)
  • Mexican Peso (MXN)
  • Norwegian Krone (NOK)
  • New Zealand Dollar (NZD)

Other Business Services From Handelsbanken and Triodos Bank

Handelsbanken Account Types
Other Handelsbanken Services


Triodos Bank Account Types
Other Triodos Bank Services


HandelsbankenTriodos Bank
Business LoansYesYes
Commercial MortgagesNoNo
Invoice FinancingNoNo
International PaymentsYesYes
Merchant Payment ServicesNoNo
Card MachinesNoNo
Free Accounting SoftwareNoNo

Handelsbanken vs Triodos Bank Banking Basics

HandelsbankenTriodos Bank
Bank TypeHigh StreetChallenger
FSCS ProtectionYes, up to £85,000Yes, up to £85,000
FCA Number197340817008
WebsiteHandelsbanken WebsiteTriodos Bank Website

Common Comparison Questions

Does Handelsbanken or Triodos Bank have better customer reviews?

Handelsbanken scores 2.3 out of 5 based 124 Trustpilot reviews. Of these reviews 33% are 5-star and 55% are 1-star.

Whereas, Triodos Bank scores 4.1 out of 5 based 514 Trustpilot reviews. Of which 58% are 5-star and 22% are 1-star.

Does Handelsbanken or Triodos Bank have a better App?

Handelsbanken’s iPhone App is rated 2.6 out of 5 based on 17 reviews. And it’s Android App is rated 1.6 out of 5 based on 6 reviews.

In comparison, Triodos Bank’s iPhone App is rated 4.6 out of 5 based on 1,700 reviews. And it’s Android App is rated 4.6 out of 5 based on 851 reviews.

Does Handelsbanken or Triodos Bank have better business savings rates?

Handelsbanken offers the following types of business savings accounts: Instant Access, Fixed Term, Notice Savings with interest rates ranging from No to No. (AER)

In contrast, Triodos Bank offers None accounts with interest rates ranging from NA to NA (AER).

See Other Comparisons:
Handelsbanken vs Soldo
Handelsbanken vs Cambridge Building Society
Handelsbanken vs PayPal Debit
Handelsbanken vs Allica Bank
Handelsbanken vs Cater Allen


For other business bank accounts see our guide here.

 



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